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A digest of news and opinion from the Maldives.

Dharumavantha Hospital

Dharumavantha Hospital to be Mortgaged for USD 300 Million Bond

Dharumavantha Hospital to be Mortgaged for USD 300 Million Bond

1 min read

Dharumavantha Hospital, Maldives’ tallest standing building, is set to be mortgaged for a bond of USD 300 million. In a now publicized letter to the President’s Office, Minister of Finance Ibrahim Ameer stated that efforts to mortgage a bond of USD 300 million are underway, with the Islamic Corporation for the Development of Private Sector […]

Dharumavantha Hospital

25-storey building: the true definition of healthcare

10 min read

The original Dhivehi article was published on Mihaaru.com website on 8th April 2018. The following is a loose translation: With a special permit given to ‘Mihaaru’ news, we waited outside on Boduthakurufaanu Magu at the time of the invitation given to us. Glistening and glimmering in front of us, Maldives’ tallest building. The Dharumavantha Hospital […]

Proposed dharumavantha hoispital

US dollar reserve drops in 2017 third quarter

1 min read

Ongoing construction of Dharumavantha Hospital, the new 25-storey state hospital being developed in Male. Maldives Monetary Authority (MMA) revealed that US Dollar reserves dropped in the third quarter of this year after the central bank settled payments for the development of the new state hospital in capital Male. According to the central’s bank economic bulletin […]

Loans and hospital blamed for depleted reserve

Loans and hospital blamed for depleted reserve

2 min read

The Maldives’ foreign currency reserve declined during the third quarter of 2017 due to loan repayments and expenditure related to the development of a new hospital in Malé. Usable reserves amounted to US$191 million during the quarter, enough for about a month of imports, according to a quarterly economic bulletin released by the Maldives Monetary […]

Concrete structure completed for 25-storey hospital tower

Concrete structure completed for 25-storey hospital tower

2 min read

The Maldives will enter a new era of healthcare service delivery with the opening of the 25-storey Dharumavantha hospital next year, Health Minister Abdulla Nazim said at a topping off ceremony held Wednesday to mark the completion of the concrete structure. In his remarks after pouring the last batch of concrete, Nazim said the government hopes […]

“Dharumavantha Hospital will revolutionise Maldives health industry”

“Dharumavantha Hospital will revolutionise Maldives health industry”

2 min read

Health Minister Abdullah Nazim speaking at the topping off ceremony of the new 25-storey “Dharumavantha Hospital” located at the capital Male. MIHAARU PHOTO / HUSSEN WAHEED Minister of Health Abdulla Nazim on Wednesday revealed that the new 25-storey hospital currently being developed in capital Male, ‘Dharumavantha Hospital’, will revolutionise the Maldivian health sector. In the […]

IGMH 25 story building - Photo Ashwa Faheem

IGMH’s 25-storey 2 billion corruption scandal

4 min read

The original Dhivehi article was published on Raajje.mv website on 3rd September 2017. The following is a loose translation: A company proposed 53 million dollars for the project The said company offered 1.2 million dollars for design work The President’s Office and Evaluation Committee sent letter to IGMH after the contract was signed When Indira […]